NFM · Kentucky · 2025

NFM in Kentucky: approval rate, denial rate and rates (2025)

NFM took 284 mortgage applications in Kentucky in 2025, ranking #113 of 856 lenders active in the state. It originated 71.8% of them and denied 1.1% (1.4% of the applications it decided), against a statewide denial rate of 18.8%.

284Applicationsin KY
1.4%Decision denial ratestate 23.5%
6.88%Median ratestate 6.75%
$255,000Median loanstate $155,000
$54MVolume34 counties

NFM in Kentucky vs the state

1.1%Denial rate-17.75 pts vs state
1.4%Decision denial rate-22.05 pts vs state
71.8%Origination rate+13.79 pts vs state
6.88%Median rate+0.13 pts vs state
0.82Rate spread (pts)+0.50 pts vs state
$90kMedian applicant income
204Loans originated
3Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
202335215.7%7.13%#267
202444252.3%6.88%#252
20252842041.1%6.88%#113

What NFM lends in Kentucky

By loan purpose

Home purchase 257 90% · 1.2% denied
Refinance 14 5% · 0.0% denied
Cash-out refinance 11 4% · 0.0% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 157 55% · 0.6% denied
FHA 113 40% · 1.8% denied
VA 11 4% · 0.0% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Kentucky applicants

Debt-to-income ratio 1 33%
Collateral 1 33%
Unverifiable information 1 33%

Where in Kentucky

Counties with the most NFM applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kenton County 82522 2.4%
Boone County 69550 0.0%
Grant County 28210 0.0%
Campbell County 27210 0.0%
Pendleton County 14110 0.0%
Jefferson County 1251 8.3%
Owen County 730 0.0%
Gallatin County 640 0.0%
Bracken County 330 0.0%
Nelson County 320 0.0%

Other large lenders in Kentucky

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 8,42018.1%6.75%
Vanderbilt Mortgage and FinanceF 8,22044.8%9.50%
United Shore Financial ServicesB 6,8719.8%6.50%
Fifth Third BankD 5,66325.5%7.75%
U.S. BankD 4,88729.5%7.00%
Mortgage Research CenterC 3,61718.0%6.25%
PNC BankD 3,58523.7%7.40%
21st MortgageF 3,47848.0%9.95%
CommonwealthC 3,27024.9%7.25%
Stockton MortgageD 3,2556.1%6.63%

Frequently asked questions

Kentucky: 284 applications in 2025, of which 204 were originated and 3 denied.

1.1% of all applications, or 1.4% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans NFM originated in Kentucky in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are NFM's own HMDA filing for properties located in Kentucky, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology